ARIC-ASCENSION NIGERIA LIMITED (RC 1994407), specializing in Construction, Real Estate and Infrastructure Development. We are actively seeking new and innovative business growth opportunities. We have worked closely with many Construction and Real Estate Firms in the Built Environment for the past months and have developed a solid customer base and still developing. Our area of expertise is Construction and Selling of lands and buildings, while we are not looking to directly expand our offerings, we are exploring partnership opportunities through FUND-RAISING/INVESTMENT/PARTNERSHIP in order to be able to offer a more complete solution to our clients. ARIC-ASCENSION PROPERTIES is a startup real estate company with its core activities including but not limited to:
1. The Establishment of Serviced Estates
2. The Establishment of Farmlands (Livestock and Plant Farming (Optional)
3. Sale of Lands /Houses
4. Maintenance of Estate and Houses.
Our primary business location is Lagos and the current sites available for acquisition are located in the outskirts of Lagos (Epe, Ibeju Lekki, Lekki Phase 2, Ajah, Awoyaya), Ogun State (Itori, Obada, Ofada, Ewekoro, Abeokuta) and the surrounding environs of Osun state. We require partners for financing to make acquisitions of the acres of land required to site low cost estates or farmlands (depending on the development of the area) and put in place necessary documentation. The real estate industry is booming and will continue to boom, hence it is a wise choice/decision to invest in our company.

EXECUTIVE SUMMARY
The governments of Lagos, Ogun and Osun states realized a long time ago that if their dream of housing for all is to be accomplished, the private sector would play a big part hence their decision to encourage the establishment of real estate companies with the mandate to provide affordable housing for the masses. However, due to massive interest rate from banks and other bottlenecks, most of the real estate companies decided to engage in the sales of serviced plots within their estates. This means that rather than build and sell on mortgage, the companies acquire the land with the support of government and partners sell at cheap rates and the subscriber builds his house based on the architectural plan as approved by government or use it for agriculture purposes (depending on the development/location of the land as when purchase). The duty of the company is to ensure all basic amenities are provided and to continue to manage the estate. In the same vein, some of the purchased land can be used for agriculture purpose or to be resell in the coming years depending on our partner’s decision.
ARIC-ASCENSION PROPERTIES is a company that is set up for the purpose of investing in the real estate industry in Nigeria. We intend to actively engage in the following:
1. The Establishment of Serviced Estates
2. The Establishment of Farmlands (Livestock and Plant Farming (Optional)
3. Sales of Land /House
4. Maintenance of Estate and Houses.

THE PRODUCT
At ARIC-ASCENSION PROPERTIES, our product will be the serviced plots for sale within our estates. These lands will be acquired from the host communities at an agreed rate and with the consent of the government, for the next 1-2 years we intend to be localized within Lagos (outskirts), Ogun and the surrounding communities of Osun state. This decision was borne out of the fact that Lagos is already overpopulated and its development is moving towards the outskirts especially towards Ogun state.

TARGET MARKET
It is common knowledge that everybody wants to own land and build their own houses however for purpose of our business success, we had to determine the group who are most likely to patronize us and we decided our target group will consist people of the age grade 26-45 and will be average income earners. These people are most likely to be interested in acquiring a plot of land and will also be able to afford it.

THE PROPOSAL
The promoters of ARIC-ASCENSION PROPERTIES are people who have been players in the real estate industry having worked for organizations in the industry and having had partnerships with some others. We believe we have the required knowledge, connection etc., required to succeed in the sector. We require investors who are willing to partake in the goldmine the real estate industry represents.

ANTICIPATED EXPENDITURE
In order to be successful in the real estate industry, we have highlighted certain areas we will need to take care of which are of immediate concern.

THINGS WE HAVE ALREADY
- We already registered the company with relevant authorities
- We already have our website (www.aric-ascension.com)
- We already have our office space at Allen Avenue, Ikeja, Lagos State.
- We already have some team that are available to work too in physical marketing/sales department.

There are other businesses we are also looking for investors to invest in - Block Production Industry, Logistics etc
FOR FULL AND DETAILED INFORMATION, PLEASE CONTACT US

CONCLUSION
Investment in ARIC-ASCENSION PROPERTIES is an investment of a lifetime. please note that this is just a summary of our business plan and details will be available on demand. any further enquiries can be directed to info@aric-ascension.com. We look forward to doing business with you.
Thanks
Oluwalana Samuel T.
For: ARIC-ASCENSION PROPERTIES
Dominating the earth

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